WA8 0.00% 5.9¢ warriedar resources limited

Ann: Melbourne Investor Seminar, page-117

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  1. 2,137 Posts.
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    Price is being held down by the resistance going back to 2020 and also the 10SMA. Three things to note that make the chart bullish 1) the massive volume last month with green close 2) MACD crossing and RSI turning from bottom 3) price breakdown at 0.08c. On the last point the break down is super bullish, you can see an example of the power of price snap back on the recent WAF chart further down. We just need confirmation with a close above the two aforementioned resistances ideally on a monthly basis.

    https://hotcopper.com.au/data/attachments/6228/6228046-930919495c303063cc64e8865812b9c3.jpg


    https://hotcopper.com.au/data/attachments/6228/6228108-9ded1659597de0213ba482b9d86361a1.jpg


 
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